Happy Living Development is ready to move forward with a big project in Harlem, on a site that fell into default in 2017. The Crown Heights-based company, led by Levi Balkany, landed a $138 million construction loan from Madison Realty Capital for its mixed-used project at 300 West 122nd Street, Commercial Observer reported. Richard, Ryan and Adam Horowitz of Cooper-Horowitz negotiated the debt. The site’s previous owner, Hans Futterman, defaulted on a $37 million loan […]
source https://therealdeal.com/2019/03/26/happy-living-lands-138m-construction-loan-for-once-distressed-west-harlem-site/
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